from Deloitte, which is based on a survey of more than 2,000 C-suite executives across 19 countries, addresses some of these concerns and demonstrates the tools used by some of today’s most effective leaders.Although leaders appear to feel empowered to explore the possibilities of Industry 4.0, they remain challenged to translate the possible into tangible business strategies. When asked to state the top challenges their organizations face in adapting their strategies in response to Industry 4.
In today’s business landscape, I believe you need to incorporate both to make effective decisions. By engaging with a diverse group of stakeholders, a leader can gain knowledge and insight that they might not already have. The key is the balance of seeking the information needed, and then feeling confident to make a decision. Similarly, it is essential to incorporate strong data analysis into decision making.
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